Czech Republic - Factors To Watch on Aug 9

                                
 PRAGUE, Aug 9 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 July unemployment data at 0700 GMT.
                                
 July inflation data at 0700 GMT.
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies............................[CEE/]
                                
 
=========================EVENTS=================================
                                
 PRAGUE - The Czech cabinet to hold an extraordinary session
(0800 GMT) on flooding in north the country. News conference to
follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
=========================TOP NEWS===============================
                                
 FLOODING IN REGION: Rescue workers sought to clear
flood-borne debris including damaged cars and evacuate victims
after heavy rains and stormy winds across central Europe killed
at least 15 people over the weekend.
                                
 Story: [ID:nLDE67708T]  Related news: [RTRS-LEN-CZ-WEA]
                                
 
                                
 CEE MARKETS: Romania's leu briefly dipped on Friday after
the central bank governor said he "discouraged" more gains and
warned the government it must accept higher borrowing costs.
                                
 Story: [ID:nLDE6750A0]  Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE MANUFACTURING: German demand helped Hungary and the
Czech Republic extend a manufacturing surge in June but volatile
domestic demand means the European Union's two most
export-oriented emerging economies are still at the mercy of an
uncertain global recovery. 
                                
 Story: [ID:nLDE6750DI] Related news: [RTRS-LEN-CZ-MCE]
  * For an INSTANT VIEW on data double click [ID:nLDE675082]

 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24.825     24.808    -0.07       5.67
 vs Dollar     <CZK=>     18.69      18.66     -0.16      -1.7
 Czech Equities <.PX>  1,199.1    1,199.1       0.17       7.32
 U.S. Equities <.DJI> 10,653.56  10,674.98     -0.2        2.16
 Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================
                                
 VAT TALKS: Finance Minister Miroslav Kalousek said the size
of the lower VAT rate increase still needs to be discussed, and
indicated it could be bigger than 2 percentage points talked
about. 
                                
 The increase is meant to help with costs of pension reform.
                                
 E15, page 1
                                
 
                                
 FLOODS: Flooding in the north of the country, which left at
least three dead, will cost at least 3 billion crowns ($160.3
million).
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.

                                
 For Instant Views of key economic data click on
                                
[CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 For diary of forthcoming Czech events                [CZ/DIARY]
 For calendar of east European economic indicators  [CONV/DIARY]
 TOP NEWS -- Emerging markets                         [TOP/EMRG]
 TOP NEWS -- Convergence watch                        [TOP/EAST]

 For an economic indicator diary for the euro zone, the United
 States and other Group of Seven countries see         <G7TODAY>

 For real-time stock market index quotes click in brackets:
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX>

                                
 News editor of the day: Jason Hovet on +420 224 190 476;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com